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Germany's coalition in impasse over 2025 budget
Germany's coalition in impasse over 2025 budget
Business and Economy
by  AFP

The three parties in the German government are locked in a bitter dispute over the 2025 budget, with experts warning the stalemate could be the final straw for the uneasy coalition. The coalition has faced many rows in the past but some pundits believe this could be the one that finally blows the government apart.

Asian markets swing as traders assess rates outlook
Asian markets swing as traders assess rates outlook
Business and Economy
by  AFP

Asian markets drifted Thursday as investors try to gauge the outlook for US interest rates, while also keeping tabs on developments in France as it heads for crucial elections. Traders are eyeing developments in France as it heads for polls at the end of the month, with President Emmanuel Macron's centrist alliance in third place behind far-right and left parties.

As election looms, BoE set to sit tight on UK rate
As election looms, BoE set to sit tight on UK rate
Business and Economy
by  AFP

The Bank of England was set to hold its interest rate steady on Thursday despite slowing UK inflation, with higher price risks and Britain's looming election preventing a cut, according to analysts. Nevertheless, the central bank "should not hesitate to cut interest rates, even during an election campaign.